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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Jim Seiler who wrote (7770)6/25/1998 5:54:00 PM
From: Tom K.   of 14162
 
<<Thanks for sharing your strategy... I'll work on it for a future trade >>

Jim, if you decide to try it again, look at the natural cycle of the issue (Bollinger Bands are good) and sell the PUT on weakness and the CALL on strength. The difficult part is what you experienced, having a stock put to you and then trying to wait for the strength cycle to sell the CALL. That's where trait #2 is so important..... patience.

Tom
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